Incorporation is an important step for any business looking to establish itself as a legal entity. At SGAA, we make the process easy and stress-free for you.
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No two businesses are identical. We don’t believe in a one-size-fits-all approach. We take the time to understand your unique business needs and goals, and we work with you to create a customized incorporation plan that fits your specific situation
We make it easy by collecting your documents from you remotely and handling all the paperwork and filings on your behalf. We’re here to answer your questions and guide you through the process every step of the way. We make the process seamless for you. You don’t even have to come to Singapore.
We have helped countless clients across a wide range of industries, so we know what it takes to get your business up and running smoothly.
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Fill in our online form and provide us with the necessary documents.
For foreigners to incorporate a company in Singapore, you have to appoint at least one director who is a resident of Singapore. This person is known as the nominee director.
While a nominee director cannot make any business decision, he is legally liable if the company is non-compliant with the laws and regulations.
Every company is required by law to appoint a corporate secretary within six months of incorporation, and the corporate secretary must be a natural person who is ordinarily resident in Singapore.
The role of the corporate secretary is to provide administrative and advisory support to the company’s board of directors and ensure the company complies with relevant laws and regulations
A company registered address is the official address of a company that is registered with the Accounting and Corporate Regulatory Authority (ACRA) of Singapore. This address is used for all official communications between the company and the Singapore government, including the receipt of legal documents, notices, and other correspondence. The registered address must be a physical location in Singapore and cannot be a post office box.
We proceed with the official registration of your company after we have all the necessary documents and information on hand.
The requirements for a company with foreign shareholders to open a bank account in Singapore may vary depending on the bank and the specific circumstances of the company. However, here are some general requirements that most banks in Singapore may require:
The company must provide its business registration documents, such as the Certificate of Incorporation, Business Profile, and Memorandum and Articles of Association.
The bank will require identification documents for all shareholders and directors of the company, which may include passport copies, NRIC or FIN (Foreign Identification Number) cards, and proof of residential address.
The bank will require identification documents for all shareholders and directors of the company, which may include passport copies, NRIC or FIN (Foreign Identification Number) cards, and proof of residential address.
The bank may require a minimum deposit to open the account, which may vary depending on the bank and the type of account.
Somes bank may require you in person to open a bank account.
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Hear what our customers have to say about us.
SGAA has been an essential partner in ensuring that our company meets all its compliance requirements. Their team is professional, efficient, and always up-to-date with the latest regulatory changes. I appreciate their attention to detail and their commitment to excellence in all aspects of their work.
“As a new business owner in Singapore, I was overwhelmed by the amount of paperwork and regulations I had to deal with. SGAA took care of everything for me, from setting up my company to managing my annual filings. Their team made the process simple and stress-free, and I am grateful for their support.”
“I have been working with SGAA for several years now, and I can confidently say that they are the best corporate secretary service provider in Singapore. Their team is responsive, knowledgeable, and always goes above and beyond to meet our needs. I highly recommend their services to any business looking for a reliable partner in corporate governance.”
Yes, foreigners can incorporate a company in Singapore without being physically present by engaging the services of a professional services firm.
Foreigners can register private limited companies, limited liability partnerships, and sole proprietorships.
Yes, a foreigner can be the sole shareholder of a company incorporated in Singapore.
The minimum paid-up capital required is S$1.
Yes, it is mandatory to appoint at least one resident director
The resident director is responsible for ensuring compliance with regulatory requirements and maintaining statutory registers.
Yes, a foreigner can be appointed as a resident director provided he or she has an Employment Pass or Dependant Pass.
Yes, a foreigner can be appointed as a resident director provided he or she has an Employment Pass or Dependant Pass.
A nominee director is a person who is appointed to act as the director of a company to fulfill the legal requirement for a company to have at least one resident director. Foreigners can engage a nominee director service to fulfill this requirement.
A company secretary is a person appointed to ensure that the company complies with legal and regulatory requirements. Foreigners can engage a company secretary service to fulfill this requirement.
A registered address is the official address of a company used for communication and legal purposes. Foreigners can engage a registered address service to fulfill this requirement.
The Accounting and Corporate Regulatory Authority (ACRA) charges a fee of S$375 to incorporate a company in Singapore. This excludes fees charged by any service provider that you may engaged to provide incorporation services.
The documents required to incorporate a company in Singapore as a foreigner include a copy of the passport and proof of address for all shareholders and directors, a memorandum and articles of association, and a declaration of compliance.
To check if a company is registered in Singapore, you can follow these steps: Visit the website of the Accounting and Corporate Regulatory Authority (ACRA) of Singapore at https://www.acra.gov.sg/. Click on “Start Now” under “Find Information on Registered Entities.” Choose “Search by Company Name” or “Search by Registration Number” and enter the relevant information. Click on “Search” to see if the company is registered in Singapore. If the company is registered, you can view its registration details, such as its registration number, date of incorporation, and registered address.
The process for incorporating a company in Singapore as a foreigner involves registering with the Accounting and Corporate Regulatory Authority (ACRA) and fulfilling the necessary requirements such as appointing a Singapore resident director and a company secretary, obtaining the necessary licenses, and opening a corporate bank account.
The timeline for incorporating a company in Singapore is usually between 1-3 days.
To incorporate a company in Singapore, you need to prepare the following documents: Company name: Choose a unique name for your company and check if it is available for registration with the Accounting and Corporate Regulatory Authority (ACRA). Company Constitution: This document outlines the company’s purpose, operations, and rules governing its activities. Directors and Shareholders: You need to provide details of the company’s directors and shareholders, including their full name, identification number, nationality, and residential address. Registered Address: A physical address in Singapore must be provided as the registered address of the company. Company Secretary: You must appoint a company secretary who is a Singapore resident. Memorandum and Articles of Association (MAA): The MAA outlines the company’s objectives and its internal rules and regulations. Declaration of Compliance: This document certifies that all requirements under the Companies Act have been complied with. Business Profile: This document contains information about the company’s activities, shareholders, and directors. Identification documents: The directors and shareholders must provide identification documents such as a passport or identity card. Payment: The incorporation fee and the registration fee must be paid when submitting the documents.
The requirements to open a corporate bank account in Singapore include a copy of the company’s Certificate of Incorporation, a copy of the company’s Business Profile, the company’s Memorandum and Articles of Association, and identification documents for all directors and signatories.
It is mandatory to appoint an auditor for a company incorporated in Singapore if it meets certain criteria such as having a turnover exceeding S$10 million or having more than 50 shareholders.
The corporate income tax rate in Singapore is 17%, which is one of the lowest in the world.
The process involves submitting an application to the Inland Revenue Authority of Singapore (IRAS), which can be done online or through a professional services firm.
No, it is not mandatory to register for GST in Singapore unless the business exceeds the threshold of S$1 million in taxable turnover.
Yes, you need to obtain certain licenses and permits depending on the type of business activity you plan to undertake in Singapore. The specific licenses and permits required will vary depending on the nature of your business, so it’s important to research and consult with the relevant authorities to determine what you need. Some common licenses and permits that may be required for incorporating a company in Singapore include: Licenses for Specific Business Activities: Depending on your business activities, you may need to obtain additional licenses or permits from other government agencies, such as the Ministry of Manpower (MOM), the Singapore Food Agency (SFA), or the National Environment Agency (NEA). For example, if you plan to operate a food establishment, you will need to obtain a food shop license from SFA.
You may apply for Employment Pass (EP) with the Ministry of Manpower (MOM), provided if you meet the requirements, in order to move to Singapore to manage your business
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